Grown Rogue CEO discloses major share holdings
Grown Rogue International Inc. Chief Executive Officer Jesse Strickler filed an initial ownership report showing significant equity in the company.
Rhea-AI Filing Summary
Grown Rogue International Inc. Chief Executive Officer Jesse Strickler filed an initial ownership report showing significant equity in the company. He directly holds 34,852,916 Subordinate Voting Shares and has additional exposure through Restricted Stock Units and stock options. The RSUs each represent a right to receive one Subordinate Voting Share and do not expire, while several option grants, some already vested and others vesting by December 31, 2026, provide further potential share ownership at exercise prices of $0.11 and $0.60 per share, with expirations between 2027 and 2029.
Positive
- None.
Negative
- None.
Insider Trade Summary
8 transactions reported
Mixed
8 txns
Insider
Strickler Jesse
Role
Chief Executive Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Stock Options (Right to Buy) | -- | -- | -- |
| holding | Stock Options (Right to Buy) | -- | -- | -- |
| holding | Stock Options (Right to Buy) | -- | -- | -- |
| holding | Stock Options (Right to Buy) | -- | -- | -- |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Subordinate Voting Shares | -- | -- | -- |
Holdings After Transaction:
Stock Options (Right to Buy) — 2,900,000 contracts (Direct);
Stock Options (Right to Buy) — 800,000 contracts (Indirect, Held by Spouse);
Restricted Stock Units — 1,115,150 contracts (Direct);
Restricted Stock Units — 15,000 contracts (Indirect, Held by Spouse);
Subordinate Voting Shares — 34,852,916 shares (Direct)
Footnotes (5)
- F1. The Stock Options are fully vested.
- F2. The Stock Options were granted on August 31, 2024. 933,333 Stock Options are vested. The remaining 466,667 Stock Options vest on December 31, 2026.
- F3. The Stock Options were granted on August 31, 2024. 200,000 Stock Options are vested. The remaining 100,000 Stock Options vest on December 31, 2026.
- F4. The Restricted Stock Units ("RSUs") do not expire.
- F5. Each RSU represents a contingent right to receive one Subordinate Voting Share.
Key Figures
Direct Subordinate Voting Shares: 34,852,916 shares
Direct RSUs (grant 1): 781,250 underlying shares
Direct RSUs (grant 2): 333,900 underlying shares
+5 more
8 metrics
Direct Subordinate Voting Shares
34,852,916 shares
Directly held after reported holdings
Direct RSUs (grant 1)
781,250 underlying shares
Restricted Stock Units tied to Subordinate Voting Shares
Direct RSUs (grant 2)
333,900 underlying shares
Additional Restricted Stock Units position
Indirect RSUs via spouse
15,000 underlying shares
RSUs held indirectly by spouse
Direct options at $0.60
1,400,000 underlying shares
Stock options, exercise price $0.60, expire 2029-08-31
Direct options at $0.11
1,500,000 underlying shares
Stock options, exercise price $0.11, expire 2027-01-10
Indirect options at $0.60
300,000 underlying shares
Options via spouse, exercise price $0.60, expire 2027-08-31
Indirect options at $0.11
500,000 underlying shares
Options via spouse, exercise price $0.11, expire 2027-01-10
Key Terms
Subordinate Voting Shares, Restricted Stock Units, Stock Options (Right to Buy), ten percent owner, +2 more
6 terms
Restricted Stock Units financial
"security_title: Restricted Stock Units"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
Stock Options (Right to Buy) financial
"security_title: Stock Options (Right to Buy)"
ten percent owner financial
"is_ten_percent_owner: 1 indicates ten percent owner status"
vested financial
"933,333 Stock Options are vested. The remaining vest later"
contingent right financial
"Each RSU represents a contingent right to receive one share"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What does the Jesse Strickler Form 3 for Grown Rogue (GRUSF) show?
The filing shows Jesse Strickler’s initial ownership in Grown Rogue, including 34,852,916 Subordinate Voting Shares plus multiple Restricted Stock Unit and stock option awards. It establishes his status as a major shareholder, director, officer, and ten percent owner.
What Restricted Stock Units does Jesse Strickler report in Grown Rogue (GRUSF)?
He reports RSUs tied to 781,250 and 333,900 underlying Subordinate Voting Shares directly, plus 15,000 indirectly held by his spouse. Each RSU represents a contingent right to receive one Subordinate Voting Share and, according to the footnotes, RSUs do not expire.
What stock options linked to Grown Rogue (GRUSF) does Jesse Strickler hold?
He holds options on 1,400,000 shares at a $0.60 exercise price and 1,500,000 shares at $0.11 directly, plus 300,000 at $0.60 and 500,000 at $0.11 indirectly through his spouse, with expirations in 2027 and 2029.
Are Jesse Strickler’s Grown Rogue (GRUSF) stock options fully vested?
Some options are fully vested, while others vest later. Footnotes state certain grants already have large vested portions, with remaining tranches vesting on December 31, 2026, providing a schedule for when additional options become exercisable.
Do Jesse Strickler’s Restricted Stock Units in Grown Rogue (GRUSF) expire?
According to the footnotes, the Restricted Stock Units reported by Jesse Strickler do not expire. Each RSU represents a contingent right to receive one Subordinate Voting Share, giving him additional potential equity beyond currently owned shares.
AI-generated analysis. How Rhea-AI works. Not financial advice.
